Unions, activists say federal tax cut would cost the state.

Union reps as well as groups supportive of higher state income taxes and social justice issues say the tax cut currently under consideration in Congress could have some big impacts here in New York.

Basically, these organizations say that if the current plan by Republican Minority Leader John Boehner went through — which would extend Bush tax cuts and cap a number of non-defense related federal programs — New York state could lost $6 billion in funding from Washington.

These groups including Citizen Action, the Public Employees Federation and New Yorkers for Fiscal Fairness, as well as the labor-backed Fiscal Policy Institute, favor President Obama’s plan, which would limit the cuts to those earning $200,000 or less ($250,000 for couples).

The presenters admit that most of New York’s mostly Democratic Congressional delegation is almost surely going to support the Obama over the Boehner plan, but Frank Mauro of the Fiscal Policy Institute provided estimates of what the two plans would mean for numerous programs here in New York.

This is based on the federal fiscal year, which runs October to October, not the state year which begins in April, so there’s a bit of apples to oranges comparison. But the numbers show the differences in funding: